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Transfer taxes and household mobility : distortion on the housing or labour market?

Hilber, Christian; Lyytikäinen, Teemu - 2015

We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014) provided an ideal setting to explore the impact of housing transfer taxes on mobility decisions. This is partly because the stamp duty liability is quite substantial, at least for...

Persistent link: https://www.econbiz.de/10011476354

Unequal pay or unequal employment? : what drives the self-selection of internal migrants in Germany?

Arntz, Melanie; Gregory, Terry; Lehmer, Florian - 2011 - Preliminary Version: March 3, 2011

This paper examines the determinants of internal migration in a context where wages tend to be rather inflexible at a regional scale so that regional labor demand shocks have a prolonged impact on employment rates. Regional income differentials, then, reflect both regional pay and employment...

Persistent link: https://www.econbiz.de/10011539301

House prices and spatial mobility : lock-in effects on the German rental market

Gohl, Niklas - 2019

Since 2010, particularly in urban agglomerations, the German housing market has experienced stark house price and rent increases. Immigration from rural and smaller settlements as well as international migration into German urban areas, has fuelled an increase in housing demand and led to severe...

Persistent link: https://www.econbiz.de/10012286303

Homeowner subsidy repeal and housing recentralization

Daminger, Alexander; Dascher, Kristof - 2021 - This version: August 18th, 2021

Subsidizing homeownership makes cities decentralize, so Muth (1967) suggested over half a century ago, and so Voith …'s hypothesis". We analyze a homeownership subsidy's effects on urban form, by turning to Germany's 2005 subsidy repeal. Because … decentralizing role of the original homeownership subsidy. Inasmuch decentralization begets greater carbon dioxide emissions …

Persistent link: https://www.econbiz.de/10013326518

Immigrants and housing demand

Painter, Gary - In: The Cato journal : an interdisciplinary journal of … 37 (2017) 3, pp. 481-486

Persistent link: https://www.econbiz.de/10011866304

The housing market effects of local home purchase restrictions : evidence from Beijing

Sun, Weizeng; Zheng, Siqi; Geltner, David; Wang, Rui - In: The journal of real estate finance and economics 55 (2017) 3, pp. 288-312

Persistent link: https://www.econbiz.de/10011800604

The impact of new housing supply on the distribution of rents

Mense, Andreas - 2020 - This version: February 26, 2020; first version: January 10, 2020

I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new housing supply, I exploit local weather shocks during the construction phase that lead to temporary delays in housing completions at the municipal level. Adding one new housing...

Persistent link: https://www.econbiz.de/10012426635

Capital income taxation with housing

Nakajima, Makoto - In: Journal of economic dynamics & control 115 (2020), pp. 1-28

Persistent link: https://www.econbiz.de/10012502677

Boosting taxes for boasting about houses? : status concerns in the housing market

Schünemann, Johannes; Trimborn, Timo - 2019

There is empirical evidence that households use residential houses as status goods. In particular, people are shown to compare their houses with those at the top of the distribution. In this paper, we introduce a residential housing sector and status concerns for housing into a neoclassical...

Persistent link: https://www.econbiz.de/10012289298

Learning about housing cost : survey evidence from the German house price boom

Kindermann, Fabian; Le Blanc, Julia; Piazzesi, Monika; … - 2021

This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The cross section of forecasts depends on only two household characteristics: location and tenure. The average household in a region responds to local conditions but underpredicts...

Persistent link: https://www.econbiz.de/10013330608

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